On January 15, the price of petroleum coke from Guangrao Zhenghe Petrochemical Co., Ltd. was 2,900 yuan/ton, down 50 yuan/ton from the previous trading day, with sulfur content around 1.3-1.5. The company operates an 800,000 tons/year delayed coking unit, producing 350 tons of petroleum coke per day. PriceSeek analysis of petroleum coke: Bull-bear score: -1. The price of petroleum coke from Guangrao Zhenghe Petrochemical Co., Ltd. has been lowered by 50 yuan/ton to 2,900 yuan/ton, indicating ample supply or weak demand, which generally exerts bearish pressure on the spot market. With an annual production capacity of 800,000 tons and a daily output of 350 tons, the unit operates stably. This price adjustment may reflect an imbalance between supply and demand in the local market, intensifying downward pressure on spot prices.
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